62262 Mulberry Grove, Illinois is an affordable place to live. The average two bedroom rent costs $800 compared to the US average of $1,430. In addition to having lower rent, the Grocery Cost Index in Mulberry Grove is 93 compared to 100 in the US. Therefore, living in Mulberry Grove can provide a significant savings over other areas of the country. If you are looking for help with rental costs, there are many local companies that can assist such as Midwest Rent Assistance, Real Housing Solutions Group and S&S Property Management Services. These companies specialize in providing assistance with rental costs and can provide helpful advice about renting in Mulberry Grove.
Mulberry Grove (zip 62262) has an unemployment rate of 4.9%. The US average is 6.0%.
Mulberry Grove (zip 62262) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Mulberry Grove (zip 62262)
- The Sales Tax Rate for Mulberry Grove (zip 62262) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Mulberry Grove (zip 62262) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mulberry Grove (zip 62262)
- The average income of a Mulberry Grove (zip 62262) resident is $20,734 a year. The US average is $28,555 a year.
- The Median household income of a Mulberry Grove (zip 62262) resident is $46,875 a year. The US average is $69,021 a year.